Long Beach Office Building For
1040-1042 E Wardlow Rd. Long Beach, CA 90807
1040-1042 E Wardlow Rd., Long Beach, CA, 90807
$2,200,000
For Sale
$2,200,000
Office building with 4,783 square feet of space.
Property Size4,783 SF
Price / SF$459.96
Days on Market111
Property Features for 1040-1042 E Wardlow Rd.
General Information
- Standard status
- Active
- Size
- 4,783 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Properties For Sale
at 1040-1042 E Wardlow Rd. Contact us
Listing agency
DAUM Commercial Real Estate Services South Bay
(310) 538-6710
Listed by
Chuck Brill · License #CA 00974881
(310) 538-6710
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAUM Commercial Real Estate Services South Bay
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total area of 4,783 square feet. The property is located in Long Beach, California.
Key Highlights
- Office building with 4,783 square feet of space.
- Built in 1974.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $218.1k | $45.60 |
| − Vacancy | −$55.6k | −$11.63 |
| EGI | $162.5k | $33.97 |
| − OpEx | −$40.6k | −$8.49 |
| NOI | $121.9k | $25.48 |
4,783 SF · lease $45.60/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,866 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,256 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with 4,783 square feet of space.
Where is this office building located?
The property is located at 1040-1042 E Wardlow Rd. Long Beach, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Office building with 4,783 square feet of space.; Built in 1974.
